Company type | Public BSE: 532181 NSE: GMDCLTD |
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Industry | Mining |
Founded | 1963 |
Headquarters | Ahmedabad, Gujarat , India |
Area served | Gujarat |
Key people |
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Products | |
Revenue | ₹2,734.79 crore (US$330 million)(FY2022) |
₹580.57 crore (US$70 million)(FY2022) | |
₹404.98 crore (US$49 million)(FY2022) | |
Owner | Government of Gujarat |
Number of employees |
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Website | www |
Gujarat Mineral Development Corporation Limited (GMDC) is a major Indian state-owned minerals and lignite mining company based in Ahmedabad.[1][2] GMDC was founded in 1963.
Its product range includes essential energy minerals like lignite, base metals and industrial minerals like bauxite and fluorspar.[2] Gujarat government has given its green signal to GMDC to form a joint venture with NALCO for a 1 mtpa refinery.[3]
GMDC also owns and runs Akrimota Thermal Power Station, a 250 MW (2x125 MW) lignite-based thermal power plant located in village Nanichher in Lakhpat Taluka, Kutch District.